Newburgh, IN vs Thorntown, IN

Newburgh, IN and Thorntown, IN have a very similar cost of living, with only a 3.1% difference in their overall index. Newburgh scores 76 while Thorntown scores 74 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Newburgh is $885/month compared to $871/month in Thorntown — a 2% difference. Home values follow the same pattern: Thorntown is more affordable at $173,400 median vs $216,300.

Median household income in Newburgh is $72,431 compared to $69,875 in Thorntown (+3.7%). While Newburgh is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newburgh spend roughly 14.7% of their income on rent, less than the 15% in Thorntown.